HongKong Land's (SGX:H78) attributable loss to shareholders widened to $1.39 billion for the year ended Dec. 31, 2024, from $582 million a year earlier, according to a filing with the Singapore Exchange on Friday.
Loss per share widened to $0.6276 compared with $0.2629 in the comparable period. Analysts polled by Visible Alpha had estimated earnings per share of $0.23 for the period.
Revenue jumped to $2.0 billion from $1.84 billion a year earlier, driven by sales of properties during the period. Analysts polled by Visible Alpha had estimated revenue of $1.85 billion for the period.
The board proposed a final dividend of $0.17 for the period, up 6% from a year earlier.
Shares of the company were down over 1% in Monday's morning trade.
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